Cheap Apartments for Rent in the Lake Union Neighborhood of Seattle, WA from $600 (116 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Union area of Seattle.

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property at 624 Yale Ave N

624 Yale Ave N

SeattleWA98109
property at 708 6th Ave N

708 6th Ave N

SeattleWA98109

Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

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Lakeview Apartments
Studio to 2 Bedroom Apartments

Lakeview Apartments

1170 Harrison StSeattle, WA 98109
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Alturra
Studio Apartments

Alturra

306 Summit Ave ESeattle, WA 98102
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Fremont Solstice
1 to 3 Bedroom Apartments

Fremont Solstice

3623 Woodland Park Ave NSeattle, WA 98103
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Lake Union, Seattle, WA Local Guide

Cheapest Available Lake Union Apartments for Rent

 

The cheapest available apartment rental in the Lake Union area of Seattle, WA is a Studio unit found at Amherst Micro Studios priced from $795. 2371 Franklin Apartments in Eastlake has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Lake Union apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Amherst Micro StudiosMicro StudioStudio,1BA$795
2371 Franklin Apartments in Eastlake$500 OFF Look and Lease! Lease Today!Studio,1BA$899
Kulle Urban LivingUrban Studio FStudio,1BA$1,050
Yale0BR/1.0BAStudio,1BA$1,095
Lime Studios0 Beds, 1 BathsStudio,1BA$1,145
Vermont InnFurnished- Six Month LeaseStudio,1BA$1,195
Edwards on FifthStudio_3Studio,1BA$1,199
SheffieldSTUDIO/1BAStudio,1BA$1,250
Castle Apartments101Studio,1BA$1,250
Varick0BR/1.0BAStudio,1BA$1,295

Best Value Apartments for Rent in Lake Union, WA

As of May 16, 2025 the best value apartment in the Lake Union area is the $2.89 price per square foot 2 Bed 2 Bath Model at Domaine in the in the Queen Anne neighborhood starting from $3,284. The second greatest value Lake Union apartment is the 2x1 Model at Roycroft Apartments starting at $2,100 with a $2.10 price per square foot in the Capitol Hill neighborhood. Here is today’s list of the best values for Lake Union apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Domaine2 Bed 2 Bath2BR,2BA$2.89
Roycroft Apartments2x12BR,1BA$2.10
Lakeview Apartments2 Bedroom2BR,1BA$2.31
Larimda1BDRM1BR,1BA$2.38
Equinox ApartmentsOpen 1x1Studio ,1BA$2.90
Northbridge ApartmentsOne Bedroom Apartment1BR,1BA$2.72
Red Lion1bd/1ba 21BR,1BA$2.63
Castle Apartments101Studio ,1BA$2.60
Valley Street Apartments1BR/1.0BA1BR,1BA$2.92
Amherst Micro StudiosMicro StudioStudio ,1BA$2.27

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Lake Union, Seattle, WA

Ranked #16

Among neighborhoods in Seattle, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Lake Union, Seattle, and the greater Seattle area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, places that make kids happy, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lake Union Apartments

What is the Cheapest Studio apartment in Lake Union?

Currently the most affordable Cheap Studio Apartment in Lake Union is at Amherst Micro Studios listed at $795.

How much is rent for a Cheap One Bedroom Lake Union Apartment?

The lowest price for a Cheap One Bedroom Lake Union Apartment is $1,400 at Valley Street Apartments.

What is the lowest price for a Cheap Two Bedroom Lake Union Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Union is starting from $1,825 at UDH - University District Heights.

What is the most affordable Lake Union Three Bedroom Apartment?

The best deal on a cheap Lake Union Three Bedroom Apartment rental is at REN and starts from $5,497.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The 10 Best Affordable Neighborhoods in Seattle, WA

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.